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Signalized-Corner Retail Space

1320 Lee Blvd, Richland, WA 99352

For Lease
Contact for pricing

CBD zoning supports single-tenant, multi-tenant, and pad-development configurations.

Space Size41,316 SF
Lot Size2.93 Acres
Days on Market26

Property Features for 1320 Lee Blvd

General Information

Standard status Active
Size 41,316 SF
Net Rentable 41,316 SF
Lot size 2.93 Acres
Property subtype RETAIL
Zoning CBD
Lease Type NNN

Space & Availability

Contiguous Space 41,316 SF
Divisible Yes
Space Use Retail

Additional Details

Corner Location Yes

Building Details

Building Size 41,316 SF

Spaces For Lease

at 1320 Lee Blvd
1320 Lee Blvd $13/SF/Yr
Size 41,316 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE
The former Albertsons on the signalized hard corner of Lee Blvd and Jadwin Ave offers ±41,316 SF of retail space on ±2.93 acres in Richland’s dominant retail corridor. The site has great visibility and strong traffic, close to the river, Richland High School, Kadlec Hospital and the Federal Courthouse. Zoned CBD, the building can be leased to a single tenant, divided for multiple tenants, or used for pad development or other uses. The landlord is updating the center with a new facade and parking lot, making this an ideal opportunity to expand your business or start a new one. For
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Listing Agency: NAI Tri-Cities Commercial
Listed By: Todd Sternfeld · License WA 7AA1183
Source: Moodyscre
Added: Oct 15 Changed: Nov 8 Last Checked: Nov 8 at 5:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Tri-Cities Commercial

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Investment Insights

Based on property information with market context.

This retail property offers approximately 41,316 SF on a 2.93-acre site. CBD zoning allows for a single occupant, a multi-tenant layout, or pad development. The landlord is updating the center with a new facade and parking lot.

The property occupies the signalized intersection of Lee Blvd and Jadwin Ave in Richland’s retail corridor. Nearby destinations include the river, Richland High School, Kadlec Hospital, and the Federal Courthouse.

Key Highlights

  • ±41,316 SF of retail space on ±2.93 acres
  • Signalized corner at Lee Blvd and Jadwin Ave
  • CBD zoning; options include single‑tenant, multi‑tenant, or pad‑development configurations

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

TNT Fireworks Discount Store U.S. Bank ATM Atm Patrick Nugent Pharmacy

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store HVAC Service Furniture & Home Goods Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,034
Businesses Nearby
110k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 72% Shops & Services 25% Hotels & Casinos 1% Electronics 1%
Wendy's Dining
27,463 visits/mo 0.4 miles
Dutch Bros. Coffee Dining
24,352 visits/mo 0.4 miles
Burger King Dining
11,075 visits/mo 0.5 miles
Conoco Shops & Services
7,987 visits/mo 0.0 miles
Arby's Dining
7,236 visits/mo 0.5 miles

Demographics for 99352, WA

35,762
Population
15,522
Households
2.3
Avg Household Size
38
Median Age
48%
College-Educated
96%
High-School Grad
24.0 sq mi
ZIP Area
1,490
Density / Sq Mi
$96,875
Median Household Income
$65,348
Median Earnings
$1,457
Median Rent
$442,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Richland, WA

$18.9 /SF/Yr
Avg Asking Price
$13.33–$27.16 /SF/Yr
Price Range
11,816 SF
Avg Space Size

This space is priced 31% below the average of $18.9 /SF/Yr.

Average Price Trend$/SF/Yr for Retail space in Richland, WA

$19.29 Jul
$19.29 Aug
$18.54 Sep
$18.9 Oct

Properties on Market for Retail space in Richland

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - CBD zoning supports single-tenant, multi-tenant, and pad-development configurations.
Where is this retail space located?
The property is located at 1320 Lee Blvd Richland, WA.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: ±41,316 SF of retail space on ±2.93 acres; Signalized corner at Lee Blvd and Jadwin Ave; CBD zoning; options include single‑tenant, multi‑tenant, or pad‑development configurations
(509) 539-3998 Call to check price and availability
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